Give advice to a young buck...

Discussion in 'Professional Trading' started by wutangfinancial, Dec 4, 2007.

  1. Oh alright. But you're correct, there is a lot of new money here.

    Too bad most of it is being pissed away instead of invested.
     
    #21     Dec 4, 2007
  2. Also...
    Consider wearing a condom when you bang trannies.
     
    #22     Dec 4, 2007
  3. ^scuze me?
     
    #23     Dec 5, 2007
  4. ml77

    ml77

    what's your GPA ? is it so low ?
     
    #24     Dec 5, 2007
  5. my GPA is just under a 3.0 at the moment. My school is notorious for tough grading, and is ranked very highly now adays (#1 in Canada, #12 in the world by THES). Still, there's no on campus recruiting from NY; talk about provincialism.

    I'm good at sales, BTW. And I have an intern offer from an independent financial consultancy here.
     
    #25     Dec 15, 2007

  6. Why ? I was gonna bang one today. Should I be worried ?
     
    #26     Dec 15, 2007
  7. I'm sort of in your situation, only difference I have a degree in Engr. My advise to you is to get a Real job with a steady income. You can save TONS of money living with mom and dad. One of THE MAIN reasons so many people fail IMO is they are undercapitalized. You really do have to have money to make money.

    I would study up on the markets in all you free time. You need to decide what vehicles you want to trade as well as timeframes. You need to do a lot of Psychological work to see what subconscious tendencies you have that will interfere with you decision making/taking money out of the markets. Also, learn how to manage risk!

    I have spent the last 2-3 years reading/learning/saving my money. I'm getting ready to open a paper account the beginnig of next year and hopefully go live soon after that.

    I would recommend these two books to you to start:


    Disciplined Trader by Mark Douglas
    Trade Your Way to Financial Freedom by Van K. Tharp

    They provide GREAT insite to what it takes. They get mixed reviews some places, but look at who reviews books and keep that in mind.

    Goodluck!
     
    #27     Dec 18, 2007
  8. I saw this and wanted to comment ... the only thing that will affect is your first job - after that the ball is in your court.

    Bust your butt from here on out - your GPA can't hold you back from working hard in the future and making life into what you want!

    If you were capable of more, work that much harder from here on out to fill in that gap!
     
    #28     Dec 18, 2007
  9. you gots to proteck ya neck son!! use a collar dun dun. diversify. I loved that skit.. has to be my favorite
     
    #29     Dec 18, 2007
  10. My suggestion is; use the search feature.

    Good Luck!
     
    #30     Dec 18, 2007